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Dec 4, 2012
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he wants fema to reimburse the state for 100% of its emergency costs following superstorm sandy. fema generally reimburses states in the ballpark of 75% of costs following disasters like this. the governor says cleaning up and repairing new jersey after the superstorm could cost nearly $40 billion. >>> an extramarital affair ended his stellar career of public service. but not so long ago there was some serious talk that general david petraeus might run for president. some of that talk apparently even came from the top at fox news. washington post bob woodward writes about some private recordings in which fox news analyst k.t. mcfarland meeting with general petraeus in afghanistan in the spring of last year delivered a personal message from roger ales. >> he says if you're offered chairman, take it. if you're offered anything else, don't take it, resign in six months and run for president. okay. i know you're not running for president. but at some point when you go to new york next, you may want to just chat with roger and rupert -- >> well, rupert, look, what i have told people i
he wants fema to reimburse the state for 100% of its emergency costs following superstorm sandy. fema generally reimburses states in the ballpark of 75% of costs following disasters like this. the governor says cleaning up and repairing new jersey after the superstorm could cost nearly $40 billion. >>> an extramarital affair ended his stellar career of public service. but not so long ago there was some serious talk that general david petraeus might run for president. some of that talk...
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Dec 4, 2012
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martha: we have sandy on the east coast and now you've got yet another powerful rainstorm that is bearing down on northern california. in fact this is the area's fourth big storm in less than a week. can you imagine? can you imagine? the severe weather is causing damaging floods there and prompting massive sinkholes to open up in two separate communities. listen. >> oh, my god. we're lucky we are alive. >> i lost half my pictures, man. >> it don't have to happen to me twice, i'm out of here. martha: what is going on in the world, mother nature reeking a lot of havoc. claudia cowan is live. these storms have left their mark on the bay area. >> they really have, martha, we had a bit of a break in the weather yesterday. that gave work crews out here in laugh tpaoeuette a jum hereinaftehere here a jump start to fix this. it will take months to fix this giant sinkhole that opened up and sunday, it is 80 feet long, 15 feet deep. folks who live along the street will have to find ways to detour around it probably until next spring. a creek that runs underneath this street flooded because of all t
martha: we have sandy on the east coast and now you've got yet another powerful rainstorm that is bearing down on northern california. in fact this is the area's fourth big storm in less than a week. can you imagine? can you imagine? the severe weather is causing damaging floods there and prompting massive sinkholes to open up in two separate communities. listen. >> oh, my god. we're lucky we are alive. >> i lost half my pictures, man. >> it don't have to happen to me twice,...
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Dec 7, 2012
12/12
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everybody suggested that sandy would have a significant impact. but the labor department itself is saying no, it did not. is that correct, peter? >> that's correct. and it's because of the way the labor department retrieves and asks businesses and people about their employment. for example, if you work for one hour during a week and there is a storm, you're still counted as employed. for you not to be counted as employed, you can work no hours and get no pay during the particular survey week. >> you've had a chance to go through the whole report. any other headlines stand out at you? >> well, we're substantially revisions in september and october. 50,000 fewer jobs created in those two months than had previously been expected and the labor department does say that we should get a better read of any possible impact of sandy on individual states and regions when they release other numbers, other reports on those in two weeks from now. >> peter barns, thank you very much. i will repeat this because it is a surprise, 7.7% is the unemployment rate. 146
everybody suggested that sandy would have a significant impact. but the labor department itself is saying no, it did not. is that correct, peter? >> that's correct. and it's because of the way the labor department retrieves and asks businesses and people about their employment. for example, if you work for one hour during a week and there is a storm, you're still counted as employed. for you not to be counted as employed, you can work no hours and get no pay during the particular survey...
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Dec 8, 2012
12/12
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when something like sandy he happens, right? it's fascinating to think about it. you lose power. my parents lost powers for days, and you're like, oh, right. everything about my life literally every last detail is dependent on this massive invisible infrastructure. i never think about it that a whole bunch of people are running and litigating about and legislating and regulating and making a lot of money off this massive industry that is just like huge mountain. i sit at the very top of it, and i live my life. when it goes away, what's the deal. how does my utility company actually work, and why can't they get my parents' power restored in a week? one thing positive about the fracking boom is it produced this grassroots response in which people educate themselves about the chain of production of how does a molecule of carbon go from the ground to fire up your grid so you can turn your light on. >> sandy, too. one of the other things that became very visible with the mile after mile of these poles and wires that are down, it hit you in the face that is this bha we're running the g
when something like sandy he happens, right? it's fascinating to think about it. you lose power. my parents lost powers for days, and you're like, oh, right. everything about my life literally every last detail is dependent on this massive invisible infrastructure. i never think about it that a whole bunch of people are running and litigating about and legislating and regulating and making a lot of money off this massive industry that is just like huge mountain. i sit at the very top of it, and...
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Dec 4, 2012
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mississippi, the same answer and new jersey you have to think a little bit of the sandy effect. now as you can see showing those percentages here, big jumps. alaska was the biggest jump of all places and thousand this is where i want to bring in david wasserman of the cook political report. this is my favorite thing here, david. take us through what is unique about mitt romney and paul ryan that no other losing presidential ticket pulled off. >> chuck, this may be the only ticket in history both candidates have not only lost their home states but their home counties and home towns. chuck, that's remarkable. >> massachusetts, wisconsin, middlesex county, belmont, massachusetts. i guess that's what you end up having with two blue state guys running on the republican ticket. some conservatives say it doesn't matter if you get blue state guys. doesn't seem to pull off swing voters. we move on to a couple of other things here and this is something you have started doing. trying to break up the cultural differences between the two parties. counties where there are cracker barrel and w
mississippi, the same answer and new jersey you have to think a little bit of the sandy effect. now as you can see showing those percentages here, big jumps. alaska was the biggest jump of all places and thousand this is where i want to bring in david wasserman of the cook political report. this is my favorite thing here, david. take us through what is unique about mitt romney and paul ryan that no other losing presidential ticket pulled off. >> chuck, this may be the only ticket in...
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Dec 6, 2012
12/12
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a brave young boy who lost his home and his school in hurricane sandy. well, he is now talking about coping with life. >> when something brings you down, you got to get up. >> you okay, buddy? >>> one family is doing more than a lot after the tragedy that destroyed tens of thousands of homes on the east coast. [ wh] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers. anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in ne
a brave young boy who lost his home and his school in hurricane sandy. well, he is now talking about coping with life. >> when something brings you down, you got to get up. >> you okay, buddy? >>> one family is doing more than a lot after the tragedy that destroyed tens of thousands of homes on the east coast. [ wh] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [...
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Dec 5, 2012
12/12
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. >> 69% of new york state residents believe climate change was responsible for hurricane sandy. according to a sienna research institute poll that was released yesterday afternoon 69% of the people in new york state believe a hoax. 69% of the people of new york state prove that you can politicize science turn it into a political issue and then forge political agreement and association on that basis with it. >> exactly what scientists predicted would happen and it happened. >> stephanie: all right. sexy liberal hal sparks next i'm going to be on with the governor tomorrow night. she is awesome. we'll be right back on the "stephanie miller show." ñ [ ♪ theme ♪ ] >> stephanie: hello it current tv world. hour number three. sexy liberal hal sparks on his way. of all of the electoral gifts this one keeps giving, which one makes you happier? fox news puts karl rove on the bench or elizabeth warren to sit on banking committee? >> i'm going to go with elizabeth warren on the banking committee. >> stephanie: another little nugget. maxine waters to take over for barney frank on the ba
. >> 69% of new york state residents believe climate change was responsible for hurricane sandy. according to a sienna research institute poll that was released yesterday afternoon 69% of the people in new york state believe a hoax. 69% of the people of new york state prove that you can politicize science turn it into a political issue and then forge political agreement and association on that basis with it. >> exactly what scientists predicted would happen and it happened. >>...
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Dec 9, 2012
12/12
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WBAL
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. >> two area families joined forces to help victims of superstorm sandy celebrate the holidays. they collected donations and stuffed a truck full of toys. we first introduced you to 5-year-old sadey and 6-year-old tyler on 11 news earlier this week. when they learned each family was gathering toys to give to children who lost everything in the storm, they teamed up with the goal to fill this truck outside of target in white matt schaub. >> schaub -- marsh. >> we never thought we'd be able to fill a trailer so we are stuffing this truck today and taking it out next weekend to the kids who lost everything. >> sadey's mom says they're grateful for all of the and the families plan to drive the truck next weekend to point pleasant, new jersey. >> and hundreds of families with loved ones deployed overseas by the military have christmas trees in their homes this morning thanks to local business. the staff of the hubbard funeral home worked with the national guard to identify families that might need extra help in the holiday season. yesterday, they gave away close to 300 trees. >> it's
. >> two area families joined forces to help victims of superstorm sandy celebrate the holidays. they collected donations and stuffed a truck full of toys. we first introduced you to 5-year-old sadey and 6-year-old tyler on 11 news earlier this week. when they learned each family was gathering toys to give to children who lost everything in the storm, they teamed up with the goal to fill this truck outside of target in white matt schaub. >> schaub -- marsh. >> we never thought...
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Dec 3, 2012
12/12
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they'll also be watching for friday's release of the november jobs report and what impacts superstorm sandy and those fiscal fears may have had on hiring. meanwhile, the national retail federation is asking congress to step in and stop striking clerical workers who shut down 10 of 14 terminals at two california ports. the group estimates the now week-long strike is costing $1 billion a day. >>> edward glen hayden, managing director and head of global interest rates at morgan stanley, pictured here during his days at goldman sachs is being investigated by commodities and futures regulators. according to "the new york times," the question is whether hayden's trading manipulated the price of treasury futures while he was back at goldman in 2008. >>> news corp. announced the ceo of its uk newspaper operations who took the reins in july of last year is stepping down. >>> swiss banking giant ubs is reportedly close to reaching a $450 million settlement with u.s. and british authorities over an interest rate-rigging scandal that rocked the banking world this year. and on the deal front, delta airl
they'll also be watching for friday's release of the november jobs report and what impacts superstorm sandy and those fiscal fears may have had on hiring. meanwhile, the national retail federation is asking congress to step in and stop striking clerical workers who shut down 10 of 14 terminals at two california ports. the group estimates the now week-long strike is costing $1 billion a day. >>> edward glen hayden, managing director and head of global interest rates at morgan stanley,...
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Dec 5, 2012
12/12
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you have fiscal cliff, you have hurricane sandy. are you optimistic about what's happening in the economy if you take out the potential shocks? >> i don't think we make any change at all. i think the job market is producing 150,000 jobs per month, that's what we've been producing since the beginning of the year, over the past year, past two years, some months we're a little lower, higher, sometimes seasonal adjustment. if you take this month's number and x out sandy, that's over 200,000. >> that will add some jobs, that's not a fair comparison. >> so 200,000 minus 60 is 150 -- >> so you're right there. >> i don't think the economy has chang chang changed deappreciably over the last year. >> well, i think coming into friday's number, we're a little -- we don't think there's 80,000 worth of impact, might be closer to 40,000 or 50,000. whatever, there's been an impact and i agree with mark's point, 1 in about 150,000 job creation in the economy and i don't know that meaningfully changes. but i would say, if anything, the bias next year
you have fiscal cliff, you have hurricane sandy. are you optimistic about what's happening in the economy if you take out the potential shocks? >> i don't think we make any change at all. i think the job market is producing 150,000 jobs per month, that's what we've been producing since the beginning of the year, over the past year, past two years, some months we're a little lower, higher, sometimes seasonal adjustment. if you take this month's number and x out sandy, that's over 200,000....
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Dec 6, 2012
12/12
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forget about sandy, 370,000 is a high number. here we are raising taxes on everybody who worked by $120 billion. maybe we'll also raise taxes on richer people, wealthier people. raise the tax on dividends and interest and capital gains. that amount to a big tax increase in a weak economy. should we be doing that? >> what we are told is all across the board this is what has to happen. we need revenues brought into the federal government. a lot of people unhappy with that model. but that what's they are arguing. >> reporter: that's what they are arguing. but the president wants higher tax rates on the rich web's standing firm on that. the republicans are not going to say caved but they agreed to $800 billion in extra tax revenues over 10 years. so yes a tax increase is coming in one form or another. and you add that to the payroll tax increase and you have got a big tax increase coming count pike in a weak economy. martha: it will hurt across the board from the top to the bottom. everybody's financial picture will look different in
forget about sandy, 370,000 is a high number. here we are raising taxes on everybody who worked by $120 billion. maybe we'll also raise taxes on richer people, wealthier people. raise the tax on dividends and interest and capital gains. that amount to a big tax increase in a weak economy. should we be doing that? >> what we are told is all across the board this is what has to happen. we need revenues brought into the federal government. a lot of people unhappy with that model. but that...
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going to be donated to a charity called kids in distress situations for families affected by hurricane sandy. and all of these companies are sending more toys. there will be about a thousand they can spread out to these areas. we are going to start with this. i'll tell you where you can find these toys, too. this year we saw the launch of lego friends. it's a construction line with girls in mind. this comes with mia and catherine, the horses. 416 pieces for girls to put together. you can find this as toys "r" us, walmart and target. >> did you say the price? >> i didn't. this is $49. this is the monster high high school by mattel. where our favorite teenage monsters hang out. lockers shaped like caskets. i love the message this sends to girls. it's all about positive tweens esteem. and that we are all perfectly imperfect. this is going to be at k-mart. 4 and up. this is k-mart. walmart and target. >> one direction. the hottest boy band there is. heartthrob for tweens, teens and moms. >> and women. >> we have our head phones. they are all glammed up. and we have the boom box. it's an am/fm ra
going to be donated to a charity called kids in distress situations for families affected by hurricane sandy. and all of these companies are sending more toys. there will be about a thousand they can spread out to these areas. we are going to start with this. i'll tell you where you can find these toys, too. this year we saw the launch of lego friends. it's a construction line with girls in mind. this comes with mia and catherine, the horses. 416 pieces for girls to put together. you can find...
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Dec 9, 2012
12/12
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sandy hit, you have this enormous cost associated with it. he goes as governor and says i'm going to partner with the federal government to address the needs of my people in a disaster. well, hello, governor. health care is also a disaster. >> for two years in the two-year time frame, three years that the states have had to review implementing the health insurance exchanges, there's been plenty of time to put that information together. after all, there are plenty of states that have done that. i think what has happened, this becomes another way to litigate the affordable care act only the parties are already done. and the american people are done. >> ship is sailing. >> right. >> i think you know, if the president waited two years to implement sandy relief, governor christie would be really annoyed. he needs to get on with it. 100%, i think, of the cost of the medicaid expansion is borne by the federal government. >>eer going to come to this issue of medicaid on this issue. we'll bring you back and kenji we'll talk about this when we come bab
sandy hit, you have this enormous cost associated with it. he goes as governor and says i'm going to partner with the federal government to address the needs of my people in a disaster. well, hello, governor. health care is also a disaster. >> for two years in the two-year time frame, three years that the states have had to review implementing the health insurance exchanges, there's been plenty of time to put that information together. after all, there are plenty of states that have done...
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Dec 7, 2012
12/12
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what's special about this jobs report is the survey was being taken at the same time hurricane sandy hit. transportation was blocked. power was out for a big swath of the country. factories had to stop producing. the economy particularly in the northeast was a mess. there was no way to survey it well. that, the economists say is why their expectations are so low for tomorrow. the good news is the hurricane's affects are reversing and quickly. the number of people filing new claims for unemployment benefits rocketed in the week of the hurricane. last week fell just as rapidly. we will eventually know what happened to the labor market in november. but as my "washington post" colleague neil irwin writes, probably not until december 21st or so when the state by state jobs numbers come out, that we can filter out the states hit by the hurricane and see what's going on in states where the economy was relatively normal. done. whatever the number is -- time to spare. whatever the number is tomorrow, don't freak out, don't worry about it. at least not yet. to come home for the holidays. that'
what's special about this jobs report is the survey was being taken at the same time hurricane sandy hit. transportation was blocked. power was out for a big swath of the country. factories had to stop producing. the economy particularly in the northeast was a mess. there was no way to survey it well. that, the economists say is why their expectations are so low for tomorrow. the good news is the hurricane's affects are reversing and quickly. the number of people filing new claims for...
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Dec 7, 2012
12/12
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. >> if you have cancer and you don't have health insurance, that's hurricane sandy. >> can you name me one person that saved their lives by a handgun? >> millions. >> women are victims of violence all the time. they can make better decisions. >> learn to protect themselves. >> or make better decisions. >> let's get right to our panel now pop toure is a colleague of mine and a host of "the cycle." karen finney and michelle cottle. karen, if i might begin to you, let's start with the breaking news. i want to start with your reaction to news this hour the supreme court will rule on california's gay marriage ban and the defense of marriage act. should same-sex marriage advocates, karen, be nervous or pleased about this? >> i hope that history will show they should be pleased and that this will be the day that, you know, this process where in the same way that loving v. virginia opened up rights for people like my parents to get married, this will be the beginning of the decision where we recognize that same-sex couples should enjoy the same rights and benefits of marriage. i hope it is
. >> if you have cancer and you don't have health insurance, that's hurricane sandy. >> can you name me one person that saved their lives by a handgun? >> millions. >> women are victims of violence all the time. they can make better decisions. >> learn to protect themselves. >> or make better decisions. >> let's get right to our panel now pop toure is a colleague of mine and a host of "the cycle." karen finney and michelle cottle. karen, if i...
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Dec 8, 2012
12/12
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hurricane sandy struck more than a month ago. and during the height of the gift-giving season a new website is outlining the weirdest gifts president obama has gotten. on the list, 50 pairs of boxer briefs from david beckham's line, a donkey from a cluster bomb -- colombian town. but the strangest thing? insurance against crocodile attacks. it came from an australian official. >>> still to come, the supreme court ready to weigh in on same-sex marriage. what a decision could do to politics surrounding this hot-button issue. the truth about mascara is... it clumps. introducing a revolutionary new mascara. clump crusher...crusher. 200% more volume. zero clumps. new clump crusher from easy, breezy, beautiful covergirl. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor
hurricane sandy struck more than a month ago. and during the height of the gift-giving season a new website is outlining the weirdest gifts president obama has gotten. on the list, 50 pairs of boxer briefs from david beckham's line, a donkey from a cluster bomb -- colombian town. but the strangest thing? insurance against crocodile attacks. it came from an australian official. >>> still to come, the supreme court ready to weigh in on same-sex marriage. what a decision could do to...
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Dec 3, 2012
12/12
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governor cuomo said new york needs more than $40 billion to help clean up the damage caused by superstorm sandy and then potentially to prepare for future storms. >>> at least 49 elementary school students and adults had to be rushed to an atlanta hospital today because of a carbon monoxide leak. here is the thing. firefighters discovered the highest levels they have ever recorded of the deadly gas near the school's furnace. listen to the firefighter. >> obviously with carbon monoxide, the danger is going to be an affix ant, it could stop people from breathing. these children have been in the classroom since 7:30. our readings in the classroom were not quite as high as our reading at 1700 was near the actual furnace area. >> want to bring in george howell here. you brought in what i can only presume is a carbon monoxide detector. tell me about it and were there any of these in the school? >> this say professional carbon monoxide detector. this is what we use here at the cnn center. this will run you a couple thousand dollars. couple thousand of dollars for this. it is important to check. but fo
governor cuomo said new york needs more than $40 billion to help clean up the damage caused by superstorm sandy and then potentially to prepare for future storms. >>> at least 49 elementary school students and adults had to be rushed to an atlanta hospital today because of a carbon monoxide leak. here is the thing. firefighters discovered the highest levels they have ever recorded of the deadly gas near the school's furnace. listen to the firefighter. >> obviously with carbon...
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Dec 5, 2012
12/12
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CNNW
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told us that on the east coast lots of potential workers, they took fema positions to help out with sandy recovery. many of those jobs last longer than what ups can offer. experts say that that's also part of the problem, but the fact that people want to hold out for more permanent better paying jobs, but, susan, one other thing here, the issue of filling positions isn't just in lower paying fields. there's currently a big skilled worker shortage, but one consulting group says it's not that there's not workers out there. it's that companies, they're being too selective about who they hire, and they don't pay competitive wages, suzanne. >> wow. complicated picture there, but yol a lot of people still out of work. some companies can't fill positions. thank you. appreciate it. >>> they're smart, right? they're playful? very intelligent. why would someone want to kill dolphins? we are searching for a killer. e just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. hurry in and try five succulent entrees, like our tender snow crab paired with savor
told us that on the east coast lots of potential workers, they took fema positions to help out with sandy recovery. many of those jobs last longer than what ups can offer. experts say that that's also part of the problem, but the fact that people want to hold out for more permanent better paying jobs, but, susan, one other thing here, the issue of filling positions isn't just in lower paying fields. there's currently a big skilled worker shortage, but one consulting group says it's not that...
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Dec 4, 2012
12/12
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CSPAN2
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we need to learn that lesson for sandy. we need to learn the lesson more broadly and see how we can reasonably expedite import in action an ongoing basis and i look forward to working with all my colleagues on that. >> senator, as you know we have this new section of our bill but as to what exactly got them were working with yourself because you're right, we cannot have a halt to fixing our problems when there's 10 different laws they have to comply with. we need to streamline that appeared gear from senator carper for 10 minutes, senator lautenberg says he is here for 10 minutes from senator cardin for 10 minutes, senator white house or 10 minutes, senator gillibrand for 10 minutes. our committee clearly had so many members had felt the impact of the storm. so let's start with you, senator carper. >> bottomed chair, thank you do you and colleagues and to members of our staff for holding this hearing this morning and for giving us an opportunity to share with all of you some of what we've been through. massive impacts of hu
we need to learn that lesson for sandy. we need to learn the lesson more broadly and see how we can reasonably expedite import in action an ongoing basis and i look forward to working with all my colleagues on that. >> senator, as you know we have this new section of our bill but as to what exactly got them were working with yourself because you're right, we cannot have a halt to fixing our problems when there's 10 different laws they have to comply with. we need to streamline that...
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Dec 6, 2012
12/12
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CNBC
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early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an example. wells fargo gallup does a small survey. on hiring, small businesses dropped to the lowest level of opt miimism in four years. it doesn't matter what ben bernanke does. i think his programs have long since not really helped the employment side, but the fiscal cliff is doing obvious damage. that's going to make what everybody knows is coming. we ran out of two years to sell. they're going to go from a twist to outright purchases. it's fully built into the market, but it isn't going to help. the fiscal cliff is going to do more damage t
early thanksgiving, hurricane sandy. is this rally at the end of the day having anything to do with any anticipation of the jobs report? what are you looking for? >> no, i don't think so. we're looking for almost exactly half. we had 171,000. the consensus is 85 to 90,000. we're looking at half. i understand that, you know, superstorm san difs a horrible event, and i am sure it's going to take some jobs out, but it's going to also be a bit of an excusetrending well. i'll give you an...
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Dec 8, 2012
12/12
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but he is at 69%, which is down from 77% right after hurricane sandy. he is riding high, governor dean. does this -- does this hurt him in the long run, do you think? >> i think not taking the exchanges probably doesn't hurt that much because people don't really fully understand the exchanges yet, and because the federal exchange will probably move the cause of the single payer further down the line. but i think not taking the medicaid money will be an enormous mistake. i have not heard him say that, and i don't think he will say that. i think he is much too pragmatic for that. >> we talk about chris christie being a sort of standard bearer for bipartisanship largely because of the photo ops around hurricane sandy. but when you look at his political record, he has not been particularly supportive of unions, and hazy been very much criticized by the left for shutting down infrastructure spending. >> i think, you know, he is basically positioning himself for reelection. he has done that pretty well. but let's not forget that george h.w. bush had popularit
but he is at 69%, which is down from 77% right after hurricane sandy. he is riding high, governor dean. does this -- does this hurt him in the long run, do you think? >> i think not taking the exchanges probably doesn't hurt that much because people don't really fully understand the exchanges yet, and because the federal exchange will probably move the cause of the single payer further down the line. but i think not taking the medicaid money will be an enormous mistake. i have not heard...
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Dec 10, 2012
12/12
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not everyone was affected by hurricane sandy. staten island was hard hit and parts of queens hard hit and some parts of new jersey. >> gretchen: what is the most ups íáing part to you. what was your gut instinct? >> why are children tting it that shouldn't. parents can afford to give children their lunchh. >> this is what kristin gillebrand said. we just opened it up for all kids. you i can see that from a certain point of view . with all of the forms and who was displace what was not. you think there could have been a easier process. >> they know each child that was affected. this child gets a free lunchh and this doesn't. that's how they should do it. >> gretchen: they are saying that the storm will cost the american taxpayer $60 billion. is this a waste of the money. >> i think it should go to families who need it i am not getting anything. my homeowners and flood insurance is not giving me anything. they are just giving rental assistance. it should just go to families. >> gretchen: we are looking at pictures of devastation
not everyone was affected by hurricane sandy. staten island was hard hit and parts of queens hard hit and some parts of new jersey. >> gretchen: what is the most ups íáing part to you. what was your gut instinct? >> why are children tting it that shouldn't. parents can afford to give children their lunchh. >> this is what kristin gillebrand said. we just opened it up for all kids. you i can see that from a certain point of view . with all of the forms and who was displace...
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Dec 5, 2012
12/12
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the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total now. it's a cash and stock deal. .6531 shares and 39 bucks a share in cash. that adds up to $50 a share. that's a fairly significant premium when we look at
the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal....
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Dec 10, 2012
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also matt mccormick, sandy lincoln, and john spolinsani. what do we do between now and the end of the year? >> we wait. you hope there will be a resolution with the fiscal cliff. also 2013 could be a difficult year. it's the first year of the presidential term which is usually a weak un. earnings growth looks a little bit weaker. we are very big on di dends. we believe this is a grinded out market. prepare for instability. >> so it's glass half empty for you right now. >> we'd like to be optimistic but tell clients buy with sound balance sheets. and if the market goes up better, we're in a better position. >> i have to press you on what you say about you like companies that pay better dividends? >> right now you're looking at the. senate bill will will tax for gross incomes of $250,000. that's not a deal killer. there was an article this week talking about how dividends -- people buy dividends for income and downside protection. those issues do not go away regardless of what happens with taxes. people need income. >> you told us last time y
also matt mccormick, sandy lincoln, and john spolinsani. what do we do between now and the end of the year? >> we wait. you hope there will be a resolution with the fiscal cliff. also 2013 could be a difficult year. it's the first year of the presidential term which is usually a weak un. earnings growth looks a little bit weaker. we are very big on di dends. we believe this is a grinded out market. prepare for instability. >> so it's glass half empty for you right now. >> we'd...
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Dec 10, 2012
12/12
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CNNW
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scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter: this school's 1,100 students are being bussed to temporary schools like ps-13. >> we have students on the stage. they have the conference rooms, everything. we're using every single space in the room. we had little nooks. they're in nooks everywhere. >> reporter: honor student ryan panetta lost his home to sandy and his school. he told us what scholars' means to him. >> it was just fun to be there. like made kids actually like want to learn. >> reporter: fred is working to fix the school where his father worked and where he studied. he dreams his son will go there one day too. >> it's the best hig
scholar's is one of hundreds of new york schools damaged by superstorm sandy. gone are the plays in this auditorium. ♪ >> this is our grand piano, or was our grand piano. these were brand new curtains that we fought for years to get. they're still wet. >> reporter: the sea wolves marching band and the winning teams silent for now. the instruments and uniforms flooded in sewage. the gym now a construction zone. >> hey, guys, thank you for your hard work. >> reporter:...
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Dec 7, 2012
12/12
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CNNW
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you didn't see a real pullback because of sandy in the numbers. maybe that will come in next month. look at the unemployment rate on the right there. 14.4%. the real unemployment. people that are working part time, want to be working full time, people out of work. >> by the way, that unemployment number, real unemployment number, is the same one we have low unemployment, too. when we low unemployment, it is actually high when you get the real numbers. >> these are the sectors we are flipping through. 43,000 jobs created. anyone trying to get your kid in college, government pointed out computer systems analysts and related fields very strong demand. that fits in that professional business services. good pay in that field. let's talk about the breakdown of race. african-american unemployment went down a little bit. 13.2%. >> still way too high. >> notice the disparities between the worker groups are still a problem. structural problems there. but the african-american unemployment rate went down and that's the trend. we have two years and change now of -- month after month of solid job
you didn't see a real pullback because of sandy in the numbers. maybe that will come in next month. look at the unemployment rate on the right there. 14.4%. the real unemployment. people that are working part time, want to be working full time, people out of work. >> by the way, that unemployment number, real unemployment number, is the same one we have low unemployment, too. when we low unemployment, it is actually high when you get the real numbers. >> these are the sectors we are...
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Dec 2, 2012
12/12
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CNNW
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and you just have been really busy during sandy. you responded to sandy and you rally have been helping the folks on long island out it near and dear to your heart. they all are, but this is really near and dear to your heart. >> i did grow up in long island. and it was amazing to see the storm surge and the wind that struck long island. we were literally just opening up roads for a week and a half, which is a long time, just to create access to communities. so the storm there was very powerful. we were able to clear roads and help ambulances get to people's homes and get people in need to the hospitals. we were able to power up critical buildings and do a lot more obviously. and it is just amazing to see such a powerful storm hit such a highly populated area. we don't usually see something like that happen. >> no, i've seen -- i saw the same thing when i was right in the middle of katrina. i understand exactly what you're talking about. it is something to see and behold but also the human spirit during those things is something to
and you just have been really busy during sandy. you responded to sandy and you rally have been helping the folks on long island out it near and dear to your heart. they all are, but this is really near and dear to your heart. >> i did grow up in long island. and it was amazing to see the storm surge and the wind that struck long island. we were literally just opening up roads for a week and a half, which is a long time, just to create access to communities. so the storm there was very...
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Dec 10, 2012
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i'm worried about the sandy. you've got to keep interest in the end. insurance companies, got to keep capital free. >> i wanted to mention, we mentioned this on friday, the chinese have been aggressive, setting records in terms of merger and acquisition volume. we talked about this on friday, take a look across the borders from china, that helps the story. that $15 billion deal did get approved from the canadian government. they do own some assets in the gulf of mexico. although that is not expected to be problematic at this point. but take a look at what happened in the stocks on friday. that, after we received word there would be a statement from the canadian prime minister. that freaked a lot of risk arms out. did not have a lot of conviction here. thinking, why is it going to come out with a statement if they're approving the deal. you come out and say something if you weren't. but they did come out with a statement and indicated perhaps we won't see any more of these large deals. comp stock is up, as you might expect. >> you heard this deal will b
i'm worried about the sandy. you've got to keep interest in the end. insurance companies, got to keep capital free. >> i wanted to mention, we mentioned this on friday, the chinese have been aggressive, setting records in terms of merger and acquisition volume. we talked about this on friday, take a look across the borders from china, that helps the story. that $15 billion deal did get approved from the canadian government. they do own some assets in the gulf of mexico. although that is...
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Dec 6, 2012
12/12
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CNNW
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. >> i'm looking to see what kind of impact sandy had on those numbers and maybe fiscal cliff holding some employers back tomorrow. >> so bad news? >> we'll see. >> for now we all know the siren mogul. >> but the ceo, howard schultz, some sobering advice to offer on the looming fiscal cliff. the consequences will be worse than last area's debt ceiling fight, when the u.s. credit rating was downgraded for the first time ever. his message to lawmakers, now is not the time to play politics. you've got to do the right thing for the american people. >> i think if people would get in the room and leave their ego behind and not be so skewed towards the party, but be so sensitive to the lens to have the american people, we will have an agreement. >> poppy harlow joins us now with more of her conversation with howard schultz. much of the conversation has been about, you know, what's the best thing to do for this country, but it's a globe -- he says the whole world is watching. >> yeah, that it has massive consequences for the entire world. but you want to ask someone like howard schultz who ru
. >> i'm looking to see what kind of impact sandy had on those numbers and maybe fiscal cliff holding some employers back tomorrow. >> so bad news? >> we'll see. >> for now we all know the siren mogul. >> but the ceo, howard schultz, some sobering advice to offer on the looming fiscal cliff. the consequences will be worse than last area's debt ceiling fight, when the u.s. credit rating was downgraded for the first time ever. his message to lawmakers, now is not the...
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Dec 3, 2012
12/12
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victims of superstorm sandy. >> and how can republicans attract hispanic voters? and a look ahead who could throw their hat in the ring for 2016. ladies and gentlemen, our guest host tonight, dana perino. [applaus [applause] >> and i'm dana perino and i want to thank governor huckabee for inviting me to guest host it week while he's out on tour. it's been almost a month since the presidential election and about half the country remains elated, vindicated triumphant. they voted for president obama and are walking on cloud nine. the other half, well, not so much. they are confused, despondent, even sleepless, they wonder if the whole nation has gone quite mad and want to return it common sense not another four years on fantasy island. now, we're taught as kids to be good sportsmen, not to gloat after winning, to give the other side a high five and say good game. have we seen much of that from the winners since november 6th? nope. but no matter, being a good sport means not just being a gracious winner, it means being a good-spirited loser, even when it's hard to fee
victims of superstorm sandy. >> and how can republicans attract hispanic voters? and a look ahead who could throw their hat in the ring for 2016. ladies and gentlemen, our guest host tonight, dana perino. [applaus [applause] >> and i'm dana perino and i want to thank governor huckabee for inviting me to guest host it week while he's out on tour. it's been almost a month since the presidential election and about half the country remains elated, vindicated triumphant. they voted for...
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Dec 6, 2012
12/12
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CURRENT
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hurricane sandy was the most destructive ever reported. it's the combination of the warmer ocean temperatures make the storms stronger, feeds it more water and then the sea level rise. it's going to be get higher and higher and it's going to make the storm surges like sandy worse and worse. people should know we still have time to act. we can still avert the worse but time is certainly running out. >> cenk: one of theout. >> eliot: one of the things critical is the increase of earth temperature and once above that we see the impact environmentally. where are we now and how long will it take, and what must we do right away to minimize the impact we're going to see? >> we're at about eight degrees centigrade warming a little below a degree fahrenheit. if we hit 3.5-degrees fahrenheit we're risking serious impacts. what we need to do now is negotiate. the world climate negotiators are meeting right now and the united states is there. we need some leadership. >> eliot: the leadership, though--let me ask this question this way. we know that the
hurricane sandy was the most destructive ever reported. it's the combination of the warmer ocean temperatures make the storms stronger, feeds it more water and then the sea level rise. it's going to be get higher and higher and it's going to make the storm surges like sandy worse and worse. people should know we still have time to act. we can still avert the worse but time is certainly running out. >> cenk: one of theout. >> eliot: one of the things critical is the increase of earth...
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Dec 5, 2012
12/12
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even children whose neams were right in the path of super storm sandy. we are live on the ground in jersey. that's next. i've worked hard to build my family. and also to build my career. so i'm not about to always let my frequent bladder urges, or the worry my pipes might leak get in the way of my busy lifestyle. that's why i take care, with vesicare. once-daily vesicare can help control your bladder muscle and is proven to treat overactive bladder with sympts of frequent urges and leaks day and night. if you have certain stomach or glaucoma problems, or trouble emptying your bladder, do not take vesicare. vesicare may cause allergic reactions that may be serious. if you experience swelling of the face, lips, throat or tongue, stop taking vesicare and get emergency help. tell your doctor right away if you have severe abdominal pain, or become constipated for three or more days. vesicare may cause blurred vision, so use caution while driving or doing unsafe tasks. common side effects are dry mouth, constipation, and indigestion. i've worked hard to get to
even children whose neams were right in the path of super storm sandy. we are live on the ground in jersey. that's next. i've worked hard to build my family. and also to build my career. so i'm not about to always let my frequent bladder urges, or the worry my pipes might leak get in the way of my busy lifestyle. that's why i take care, with vesicare. once-daily vesicare can help control your bladder muscle and is proven to treat overactive bladder with sympts of frequent urges and leaks day...
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using sandy, a lot of problems that were, you know, brought to the floor as a result of sandy. i don't know that climate change is the number one one, i mean, it could be where we are living. i mean, the type of insurance that we're buying and selling, what the government is backing, where we allow people to build homes. there's a lot of issues that we might want to tackle before we talk about climate change related to sandy. neil: when you spend money to address a problem, you need money to address the problem. >> great poi. neil: i woer whether you believe climate change, warming, manmade or not, but they force the issue. i'm wondering whether it's democrats or liberals are over reading the election? i think it's safe to say there's a fair organization, -- fair argument, that raising taxes on the rich was a consequence of the election. all the other stuff is a leap. >> there's -- >> as far ashat you leverage off. >> winning by a couple points does not turn into a mandate that everybody's behavior in how they consume energy sign up f changing that, increased energy prices, veh
using sandy, a lot of problems that were, you know, brought to the floor as a result of sandy. i don't know that climate change is the number one one, i mean, it could be where we are living. i mean, the type of insurance that we're buying and selling, what the government is backing, where we allow people to build homes. there's a lot of issues that we might want to tackle before we talk about climate change related to sandy. neil: when you spend money to address a problem, you need money to...
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Dec 4, 2012
12/12
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FOXNEWSW
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this year of course the blue angels delivering toys for to thes to residents hard hit by super storm sandy here in coastal areas of new jersey and also new york. last year we got to fly along with them as they made a similar toy run to alabama, helping several communities that were devastated by a rash of tornadoes that year, jon. jon: jonathan serrie in new jersey with the blue angels and fat albert. thank you. jenna: well do you like your internet just open and free. jon: i do, that's how i prefer it. jenna: a u.n. agency wants to -- well, maybe oversee the internet a little bit, create some new laws maybe for the internet. jon: they are so good at running things they are. jenna: there is an idea out there that the u.n. may put in some sort of new regulation for the internet. are they the right people to do it? what about sensor ships. big questions for our country and the web. we'll tell you about it next hour. >> announcer: 'tis the season of more-- more shopping, more dining out... and along with it, more identity theft. by the time this holiday season is over, an estimated 1.2 millio
this year of course the blue angels delivering toys for to thes to residents hard hit by super storm sandy here in coastal areas of new jersey and also new york. last year we got to fly along with them as they made a similar toy run to alabama, helping several communities that were devastated by a rash of tornadoes that year, jon. jon: jonathan serrie in new jersey with the blue angels and fat albert. thank you. jenna: well do you like your internet just open and free. jon: i do, that's how i...
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. >>> the national hurricane center is changing its warning system after superstorm sandy caught many off-guard. they are changing the definitions so people will be ready for extreme conditions. >>> people in krisfield are still suffering from sandy's damage after a federal decision not to provide aid to storm- battered residents. the city's mayor is challenging the federal decision. >> is there water coming into your residence right now. >> yes, ma'am. >> try to stay calm. >> reporter: taking stock of the damage came next. sitting just above the bay, many in town took a hit. >> my building took a big beating. it's the worst i've seen. >> clearly, krisfield took it the hardest. a lot of people have been swamped out of their home. >> reporter: after seeing their damage, the governor asked for federal disaster relief. federal help won't be coming to homeowners and businesses does because not enough damage could be done. it is not based upon the trauma to the individual. >> we need help. we need help. we cannot do it. >> reporter: the reason, many who lost furnaces, first floors, and roo
. >>> the national hurricane center is changing its warning system after superstorm sandy caught many off-guard. they are changing the definitions so people will be ready for extreme conditions. >>> people in krisfield are still suffering from sandy's damage after a federal decision not to provide aid to storm- battered residents. the city's mayor is challenging the federal decision. >> is there water coming into your residence right now. >> yes, ma'am. >>...
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Dec 6, 2012
12/12
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CSPAN
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the white house is anticipating sending up a $60 billion supplemental request for damage related to sandy, and i think tomorrow would be that day. at least according to press reports. the gentleman may know that the fema director testified to the house yesterday that the agency can meet its need through the spring associated with the disaster. approximately $2 billion has been delivered with about $5 billion remaining in the disaster relief fund. so, again, no one is here saying we don'td --ut looking forward receiving that request and taking a look at the numbers and the need to make sure we can move forward on that as well. and lastly, mr. speaker, postal reform. you know, the gentleman and i have, yes, talked about this a lot. know that the issue has to do with the obligations of the postal service and how we can address those to create a more balanced prospect for the future, to allow for its continuance. so we are looking at that as well and the gentleman knows there's a lot of discussion, both bipartisan and bicameral, on that issue as well. and i yield back. mr. hoyer: i thank the
the white house is anticipating sending up a $60 billion supplemental request for damage related to sandy, and i think tomorrow would be that day. at least according to press reports. the gentleman may know that the fema director testified to the house yesterday that the agency can meet its need through the spring associated with the disaster. approximately $2 billion has been delivered with about $5 billion remaining in the disaster relief fund. so, again, no one is here saying we don'td --ut...
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Dec 5, 2012
12/12
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WBAL
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not much rain around here since sandy blew through. most of november was quite dry. our total for the month, just a trace. we're at almost pvents 6 of an inch. the yearly total is almost five inches below normal for the year. high temperatures today occurred just before 1:00. between midnight and 1:00 we were on the warm side of that front and the 51 degree low is the current temperature for the day. it is getting chillier. temperatures are down into the low and mid 40's. low 50's and you can kind of see the cold area coming in. 30's in oakland. 35 downtown. clear skies, northwest wind at 5 miles per hour and the sun went down a few minutes ago. 50's around here right now and it gets chillier as you head into cleveland. that is where the air is coming from. the core of the cold will pass far to our north as high pressure moves on by and on friday, the next warm front will actually be coming our way. this warm front is significant. look at the temperatures 68 in denver right now. it is going to be chilly for a couple of days, it is only for a couple of days. by the we
not much rain around here since sandy blew through. most of november was quite dry. our total for the month, just a trace. we're at almost pvents 6 of an inch. the yearly total is almost five inches below normal for the year. high temperatures today occurred just before 1:00. between midnight and 1:00 we were on the warm side of that front and the 51 degree low is the current temperature for the day. it is getting chillier. temperatures are down into the low and mid 40's. low 50's and you can...
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Dec 7, 2012
12/12
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MSNBCW
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so sandy did leave an impact in the data. but i think the report as a whole shows that the economy has been resilient, as i say every month when i'm on your show we're making progress. we're digging our way out of a deep hole. we're not satisfied yet. there's a long way to go. but there are signs that the economy is continuing to heal. >> is it a realistic possibility a year ago today the unemployment rate was 8.7%. today it's 7.7%. is it a realistic possibility, i know you don't like to project numbers, but that we could expect another point drop a year from now? is. >> well, we'll come out with our official projections when the budget comes out but i would say if congress does address the problems that it needs to address concerning the fiscal cliff if we had reasonable resolution type of programs that the president has been proposing to support the economy in the short run, get us on a sustainable fiscal path in the long run, protect the middle class, we're going to continue to see progress in this economy. in fact, i woul
so sandy did leave an impact in the data. but i think the report as a whole shows that the economy has been resilient, as i say every month when i'm on your show we're making progress. we're digging our way out of a deep hole. we're not satisfied yet. there's a long way to go. but there are signs that the economy is continuing to heal. >> is it a realistic possibility a year ago today the unemployment rate was 8.7%. today it's 7.7%. is it a realistic possibility, i know you don't like to...
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Dec 2, 2012
12/12
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CSPAN2
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a number of cholera cases have increased with hurricane sandy. we're dealing and people tend to forget we are -- canceling canceling with urgent and difficult situation in haiti. >> where did "so spoke the earth: the haiti i knew, the haiti i know, the haiti i want to know" come from? >> it is anin wy difcu anthologs edited by a group of women here >> miami of women writers called women writers of haitianf decedent.o wr one of theer intellectual wrote. book "so spoke the uncle" he advocated for haitians to take control of their stories, to tell their stories "barack obama: the stories" of their lives at literature and those women, the groups of women got together and edited this that cover the three sections in. the haiti i know, the haiti i want to know, and the haiti of the future, and different women talk about theiri experiences. both in haiti. it's an tholings in english,. french, and creole. it's cross generational. we talk about the people that were there and survived it.abouh talk about the friends and neighbor, they mourn, they celebrate
a number of cholera cases have increased with hurricane sandy. we're dealing and people tend to forget we are -- canceling canceling with urgent and difficult situation in haiti. >> where did "so spoke the earth: the haiti i knew, the haiti i know, the haiti i want to know" come from? >> it is anin wy difcu anthologs edited by a group of women here >> miami of women writers called women writers of haitianf decedent.o wr one of theer intellectual wrote. book "so...
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Dec 3, 2012
12/12
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CNBC
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sandy stimulated sales of new cars last month. see which automaker drove away with bigger gains, ford or gm. >> then pain at the pump. our next guest is warning a new ethanol fuel blend that not only costs more but adds to the cost of food could damage your car and void your warranty. really? you're going to want to hear this coming up. >>> and banks be aware. a third of americans would rather get a mortgage from walmart than a bank, even though walmart doesn't offer them, at least not yet. we'll hear from somebody saying offering home loans would be a boone for walmart stocks. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. when you take a closer look... ...at the best schools in the world... ...you see they all have something very i
sandy stimulated sales of new cars last month. see which automaker drove away with bigger gains, ford or gm. >> then pain at the pump. our next guest is warning a new ethanol fuel blend that not only costs more but adds to the cost of food could damage your car and void your warranty. really? you're going to want to hear this coming up. >>> and banks be aware. a third of americans would rather get a mortgage from walmart than a bank, even though walmart doesn't offer them, at...
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Dec 5, 2012
12/12
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CSPAN
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now to republican caller in california, sandy. caller: i just went through an experience with my mother who went from the hospital to a nursing home and was told she could not have any rehabilitation services, that she was only allowed to stay in the nursing home seven days. then we had to make arrangements with hospice. they will all the paper that seven days. and she has to pay for everything else honor own. if hospice came to her house, she will have to pay. she paid into medicare many years. i think all seniors need to be aware and be prepared that this is what will happen to them. that's my experience. host: in philadelphia, rick is a democratic caller. caller: i cannot believe i got through. the last time i spoke with c- span was 2003. give me about a minute and 30 seconds. host: go! caller: i think barack obama should keep doing what he is doing, hold his ground. i think it is cold hearted and evil that these rich people don't want to pay what needs to be paid to keep the country running. everybody in the capital -- what is
now to republican caller in california, sandy. caller: i just went through an experience with my mother who went from the hospital to a nursing home and was told she could not have any rehabilitation services, that she was only allowed to stay in the nursing home seven days. then we had to make arrangements with hospice. they will all the paper that seven days. and she has to pay for everything else honor own. if hospice came to her house, she will have to pay. she paid into medicare many...
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Dec 7, 2012
12/12
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according to mark sandy -- mark zandi, without the f.h.a.'s at cyclical part, the housing market would have taken the economy with it. all with providing the backstop. the losses at f.h.a. stem from the now prohibited -- down payment program. heavy losses in the reverse mortgage program and losses and loans made at the height of the crisis to prevent -- of the housing market. while hud has taken some action to prevent the mutual mortgage insurance fund for single family loans from taking federal funds, the f.y. 2012 report suggests that much more needs to be done to prevent such a draw. i want to hear more today about the administration's actions and proposals to manage the risks to taxpayers stemming from -- of business and what safeguards will ensure the quality and sustainability of the new books going forward. the administration's actions and proposals will not be sufficient to restore f.h.a.'s fiscal health. then i plan to work with my colleagues and both sides of the aisle on the banking committee to find a bipartisan way to make that h
according to mark sandy -- mark zandi, without the f.h.a.'s at cyclical part, the housing market would have taken the economy with it. all with providing the backstop. the losses at f.h.a. stem from the now prohibited -- down payment program. heavy losses in the reverse mortgage program and losses and loans made at the height of the crisis to prevent -- of the housing market. while hud has taken some action to prevent the mutual mortgage insurance fund for single family loans from taking...
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Dec 10, 2012
12/12
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FBC
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look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million dollars short of the revenue it expected to bring in, because when you raise taxes, some people leave. check the big board. same old same old same old. the dow is flat, up just 23 points in the early going this monday morning. here is our company: sandra smith is with us. the conservative commentator is with us. and nicole petallides is there on the floor of the new york stock exchange. here we go, new at 10:00, the latest climate change rant from former vice president al gore. he blames pollution for causing climate change, which h
look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million...
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Dec 7, 2012
12/12
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CNBC
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now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation rate, down 0.2 to 63.6%. how did we get to 7.7% unemployment? basically the number of unemployed persons dropped more than the number of employed and there were downward trends in both those categories. lots to chew on. back to you guys. >> hampton, thank you. we are kind of scratching our heads. let's get more reaction from our panel. mark zandi and jared bernstein are here with us. mark, what do you make of this number? we've set this up as numbers were not going to be things we watched closely because of sandy. >> i'd say two things
now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation...
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Dec 7, 2012
12/12
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CNBC
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you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think
you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one...
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Dec 6, 2012
12/12
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kansas city southern should benefit from the auto rebuild that's needed in the wake of hurricane sandy. can't get this stuff to america fast enough. united states fast enough. thanks to the strength of the economy, the increasing volumes with declining costs. the gross margins are expanding. how much do we love that in a rail? however, the auto industry only affects about 18% of kansas city southern's revenues. they do have some coal exposure, something that's crushed a great many american railroads, we know that because we have backed away from a lot of rails because of the coal. but they have something the other railroads don't have, consistently high growth, not that low single digit stuff and not susceptible to the cyclical nature of coal or the ongoing war between natural gas and coal in the fight to be fuel for american utilities. and that's why i'm naming it my new favorite railroad. even over and above union pacific, which has always been my favorite. don't get mad at me, union pacific. i used a great union pacific calendar, but it's december. that one's off the wall. anyway --
kansas city southern should benefit from the auto rebuild that's needed in the wake of hurricane sandy. can't get this stuff to america fast enough. united states fast enough. thanks to the strength of the economy, the increasing volumes with declining costs. the gross margins are expanding. how much do we love that in a rail? however, the auto industry only affects about 18% of kansas city southern's revenues. they do have some coal exposure, something that's crushed a great many american...
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Dec 4, 2012
12/12
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even though as we've seen from katrina under a republican administration, we've seen from sandy under a democratic administration, the federal government is not the best answer for getting help quickly enough to people. it was the private sector that got gassed and -- gas and water and help most quickly to people who suffered from hurricane katrina and from hurricane sandy. but a proposal to cap charitable contributions as deductions would end up killing charities and forcing people to come begging, oh, please, government, would you please give me a morsel, give me another crumb? so which ever party happens to be in power gets more power. republican or democrat. and we've got to stop that cycle of dependency. we have got to help people reach their god-given potential. and so, when you hear about fair share, you want an equal percentage tax, let's have one for warren buffett and the same rate for his secretary. let's make the income tax, the corporate tax, the capital gains tax, the gift tax, the estate tax, let's just make them all 15% across the board. i'll never have a problem with
even though as we've seen from katrina under a republican administration, we've seen from sandy under a democratic administration, the federal government is not the best answer for getting help quickly enough to people. it was the private sector that got gassed and -- gas and water and help most quickly to people who suffered from hurricane katrina and from hurricane sandy. but a proposal to cap charitable contributions as deductions would end up killing charities and forcing people to come...